28 Best Payment Startups in Singapore to Watch in 2025

The Definitive Seedtable Ranking of Payment Startups in Singapore

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 28 start-ups with an aggregate funding of $8.4b. The average funding per company in this subset is $298.3m.

Last update to the database: Feb 18, 2025. See changelog.

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9

Funding Rounds

$1.1b

Money raised

Circle is a peer-to-peer payments technology company that is headquartered in Boston, Massachusetts and was founded in 2013 by Jeremy Allaire and Sean Neville.

Location:

Key people:

13

Funding Rounds

$1.0b

Money raised

Hardware wallet for crypto assets such as Bitcoin, Ethereum, XRP, Monero and more.

4

Funding Rounds

$320.5m

Money raised

Jumio is a company offering a platform for identity verification founded in 2010.

14

Funding Rounds

$902.5m

Money raised

Mambu is a Berlin-based software-as-a-service banking company offering lending and deposit software.

4

Funding Rounds

$111.3m

Money raised

Currencycloud is a global payments platform built on smart technology that takes the complexity out of moving money. Developers use our API building blocks to build customized payment solutions. Whether you want to embed our payments infrastructure into your products or services, or build on top of it, we'll fit into your business in a way that works for you. We take care of all the intricacies and regulatory hurdles involved with cross-border payments, giving you the tools to globalize your business.

10

Funding Rounds

$1.4b

Money raised

A company providing financing and transaction technology for merchants.

1

Funding Rounds

$40.0m

Money raised

Reap is an online payment platform that enables small businesses to pay expenses and collect revenue via credit card. Reap aims to facilitate payments between Web3 projects and traditional businesses.

5

Funding Rounds

$219.0m

Money raised

Payoneer is a New York City-based company founded in 2005 by Yuval Tal.

Location:

Key people:

4

Funding Rounds

$150.5m

Money raised

Aspire is a company founded in 2018 by Giovanni Casinelli, Joel Leong, Andrea Baronchelli, Giacomo Ficari and Stefano Pellegrino.

5

Funding Rounds

$155.4m

Money raised

Spenmo aims to help businesses manage spending and get easier access to credit.

Location:

Key people:

5

Funding Rounds

$700.0k

Money raised

Eunimart is an AI technology company focusing on supply chain automation.

4

Funding Rounds

$31.3m

Money raised

Volopay is a Singapore-based company founded in 2019 by Rajith Shaji.

2

Funding Rounds

$31.3m

Money raised

XanPool is an open finance infrastructure company that makes sending all forms of money across the world faster, cheaper and lower risk. Their C2C software automates financial transactions in individuals' bank accounts, e-wallets and cryptocurrency wallets.

Location:

3

Funding Rounds

$315.0m

Money raised

StashFin is a unique neo-banking platform with a mission to deliver seamless, transparent and efficient financial services to everyone.

Location:

Key people:

5

Funding Rounds

$1.2b

Money raised

A financial technology company offering a payment solution platform.

3

Funding Rounds

$693.2m

Money raised

Coda Payments is a Singapore-based company founded in 2011 by Paul Leishman, Bobby Choi and Neil Davidson.

Location:

Key people:

9

Funding Rounds

$285.0m

Money raised

Nium is a Singapore-based company founded in 2015 by Pratik Gandhi, Prajit Nanu and Michael Bermingham.

Industries:

Location:

9

Funding Rounds

$176.2m

Money raised

MatchMove Pay is a Singapore-based company founded in 2009 by Hsueh Leow.

Location:

Key people:

4

Funding Rounds

$11.3m

Money raised

Active.ai is a Singapore-based company founded by Parikshit Paspulati, Ravi Shankar and Shankar Narayanan.

1

Funding Rounds

$30.0m

Money raised

Xfers is a company providing an payment gateway for bank transfers and debit/credit card payments for the e-commerce business.

$5.0m

Money raised

Jungle is a Singapore-based payment technology company offering consumers buy now, pay later options.

Location:

Key people:

1

Funding Rounds

Nearex is a Singapore-based financial technology company simplifying proximity transactions such a micropayments using mobile technology.

3

Funding Rounds

$55.0m

Money raised

2C2P is a Singapore-based company founded in 2003 by Aung Kyaw Moe.

1

Funding Rounds

$4.3m

Money raised

1

Funding Rounds

$150.0k

Money raised

PromisePay is a company founded in 2010.

2

Funding Rounds

$39.0m

Money raised

CellPoint is a company founded in 2007 by Kristian Gjerding.

Location:

Key people:

1

Funding Rounds

$4.0m

Money raised

TripleA is an accept crypto payments, grow your business.

1

Funding Rounds

$3.3m

Money raised

Mystifly is a Singapore-based payment company.

Industries:

Location:

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